Richest Village of China - Huaxi Village

Huaxi is a validation of the Marxist-Leninist dream; a centrally-planned utopia where collectivism has made everyone not just equal, but rich as well. Each family is given its own "modern European-style villa" as well as free medical care, education and daily staples such as rice, cooking oil and fruit and vegetables from the village's organic farms and greenhouses.

Huaxi is said to be China's richest village with 60 companies owned by the citizens. With an annual revenue of $8bn from manufacturing, the eastern Chinese town is now investing in tourism. Huaxi recently opened a luxury hotel which is in one of the world's highest towers.

China's richest village, celebrates its 50th anniversary with the inauguration of a massive 328-meters (1,076 feet) high skyscraper that screams for attention from its lowly skyline.